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La Quinta Holdings Inc (LQ.N)

LQ.N on New York Stock Exchange

13.59USD
4:02pm EDT
Change (% chg)

$0.37 (+2.80%)
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$13.22
Open
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Volume
228,038
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Latest Key Developments (Source: Significant Developments)

La Quinta Holdings to pursue separation of its businesses
Wednesday, 18 Jan 2017 04:15pm EST 

La Quinta Holdings Inc : La Quinta Holdings to pursue separation of its businesses into two stand-alone, publicly traded companies . La Quinta Holdings Inc - transaction could involve spinning off our owned real estate assets as a separate company .La quinta holdings - J.P. Morgan is acting as financial advisor to company and Simpson Thacher & Bartlett LLP is serving as legal advisor to company.  Full Article

La Quinta Q2 adjusted earnings per share $0.21
Tuesday, 2 Aug 2016 04:15pm EDT 

La Quinta Holdings Inc : Q2 adjusted earnings per share $0.21 . System-Wide comparable revpar increased 0.2 percent . Q2 GAAP earnings per share $0.13 . Sees 2016 revpar growth on a system-wide comparable hotel basis negative 0.75 percent to 0.75 percent .La Quinta Holdings Inc sees 2016 adjusted EBITDA $361 million to $371 million.  Full Article

La Quinta Holdings Inc announces $100 million share repurchase program
Monday, 14 Mar 2016 06:45am EDT 

La Quinta Holdings Inc:Board of Directors has approved a program to repurchase up to $100 million of the Company's common stock, effective immediately.  Full Article

La Quinta promotes Keith Cline to CEO
Friday, 19 Feb 2016 06:45am EST 

La Quinta Holdings Inc:Says Promotes Keith Cline to chief executive officer.Says Jim Forson appointed chief financial officer.Says appointed Keith Cline to serve as president and chief executive officer, effective immediately.  Full Article

La Quinta Holdings Inc lowers FY 2015 RevPAR and EBITDA guidance
Wednesday, 28 Oct 2015 04:15pm EDT 

La Quinta Holdings Inc:Sees FY 2015 RevPAR growth on a system-wide comparable hotel basis 3.5 percent to 4.5 percent.Sees FY 2015 Pro Forma Adjusted EBITDA of $393 million to $400 million.FY 2015 EBITDA of $396 million - Thomson Reuters I/B/E/S.  Full Article

La Quinta Holdings Inc accelerates share repurchase program
Thursday, 17 Sep 2015 04:20pm EDT 

La Quinta Holdings Inc:Accelerates share repurchase program.Says updates 2015 financial guidance.Says board of directors approves share repurchases of up to $100 million.Says approved a program to repurchase an aggregate of up to $100 million of the company's common stock.Sees 2015 pro forma adjusted EBITDA $393 million to $400 million.Share repurchase of $100 million is expected to be funded by up to a $30 million draw on co's revolver, with remainder from available cash.Sees 2015 revpar growth on a system-wide comparable hotel basis 3.5 percent to 4.5 percent.  Full Article

La Quinta Holdings Inc Appoints CFO Keith Cline As Interim President & CEO
Thursday, 17 Sep 2015 04:15pm EDT 

La Quinta Holdings Inc:Appoints CFO Keith Cline as interim President & CEO.Says board, working with leading executive search firm Korn Ferry, will lead the search for a permanent CEO.Wayne Goldberg has stepped down from leadership positions in company by mutual agreement with the company's board of directors.  Full Article

La Quinta Holdings Inc announces agreement to sell 24 Hotels
Friday, 4 Sep 2015 10:07am EDT 

La Quinta Holdings Inc:Has signed a definitive purchase and sale agreement to sell 24 owned hotels.Expects to close the sale prior to the end of 2015.  Full Article

La Quinta Holdings Inc lowers FY 2015 RevPAR and EBITDA guidance
Wednesday, 29 Jul 2015 04:01pm EDT 

La Quinta Holdings Inc:Updates FY 2015 RevPAR growth on a system-wide comparable hotel basis in the range of 4.5 to 5.5 pct.Expects FY 2015 adjusted EBITDA of $398 to $404 mln.FY 2015 EBITDA of $406 mln - Thomson Reuters I/B/E/S.  Full Article

La Quinta Holdings Inc raises FY 2015 RevPAR and EBITDA guidance
Wednesday, 29 Apr 2015 04:01pm EDT 

La Quinta Holdings Inc:Expects FY 2015 RevPAR growth on a system-wide comparable hotel basis in the range of 6.0 pct to 7.0 pct.Expects FY 2015 adjusted EBITDA of $402 to $410 mln.FY 2015 EBITDA of $408 mln - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-La Quinta Holdings to pursue separation of its businesses

* La Quinta Holdings to pursue separation of its businesses into two stand-alone, publicly traded companies